Just how much is Jeff Bezos worth? Theron Mohamed explains the wealth of the Amazon CEO in terms of how many other Dow companies it eclipses at Fortune Entrepreneur, writing:
Jeff Bezos is personally worth more than some of the US’ biggest companies, including Nike, McDonald’s, and Costco.
Amazon’s stock price has surged 65 percent this year, boosting its founder and CEO’s fortune to $186 billion as of Tuesday’s close, according to the Bloomberg Billionaires Index.
Bezos owns almost 55.5 million Amazon shares, giving him an 11.1 percent stake in the e-commerce giant. His Amazon stock accounts for the vast majority of his wealth.
The world’s wealthiest man is worth more on paper than Nike’s entire $122 billion market capitalization. The sportswear titan made $39 billion in sales and had almost 77,000 employees and more than 1,100 retail stores worldwide last year.
Bezos’s fortune also exceeds the $143 billion market cap of McDonald’s. The fast-food giant generated $21 billion in sales last year and had 205,000 employees and 39,000 restaurants globally.
The Amazon chief is also richer than the $145 billion market cap of Costco. The mega-retailer racked up $153 billion in revenue last year from its 99 million Costco cardholders, and employed 254,000 people.
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